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VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
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VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
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Last modified
3/13/2017 3:34:01 PM
Creation date
6/18/2012 4:01:06 PM
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Contracts
Company Name
VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
Contract #
A-2012-133
Agency
PLANNING & BUILDING
Council Approval Date
4/16/2012
Expiration Date
4/16/2022
Destruction Year
2027
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EXHIBIT A <br />OFF-SITE 1MPROV13MENTS <br />Block Wall <br />a. Main Strcct between Mutphy & Sunflower, and howo loontod at 101 W. Murphy <br />b. North side ol'Sunflower botwoon Main & allay adjacent to four plexcs, oxoluding <br />sections of wall at eornor of Main & Sunflower at rear of comrnerclal building <br />e. PJaster and paint with one, color selected by Association <br />d. $3,006 per house payment for repair/replacement of landscaping associated with <br />wall Improvements upon execution of Nexus right-of entry for construolionand <br />extorlor-wall mointenanco easement. This payment shall bo ma& by Nexus at the <br />thno the individual property owner executes the, construction easeutont in favor of <br />Nexus and permanent maintenance easomont (for the climbing vhtes) in favor of <br />the City. For any "hold nuts" (as defined in paragraph 6.b, of this Agreement, <br />Nexus shall make the $3,000 payment to Sandpointe in trust for each hold out, <br />o. Remove and replace 16 sections of white conereto block wall in immediate area of <br />MacArthur Boulevard and Plower Slrect, and paint with ono color selected by <br />Associatloo, <br />f, Remove mid roplaco A sections of white concrete block wall along West Alton <br />Avenue and paint with one color selected by Assooiatiom <br />g. Nexus shall install climbing vines, species Identified by the City, along rho outer <br />edge of the wall, install irrigation to feed said ellmbing vines which shall be <br />cormce(ed and metered by Nexus at file nearest City water supply, and shall <br />reconstruct the sidewalk to tho City's speoifleations after installation of the <br />irrigation lines and blook wall, <br />h. Wall replacement specifications shall be established pl=iant to paragraph d of <br />this Agreement. <br />L Nexus shall maintain, and replace as necessary, the olimbing vines during a ninety <br />(90) day plant establishment phase following ltam no, l,g. <br />2. Window Replacements <br />a. Nexus shall provide $3,500 construction allowance por houso for sound proof <br />window repincements for up to 49 residential units located along Malt) Street and <br />Sunflower Avenue behind the existing cortcroto well to be replaced. The 99 <br />residential units are identified in Exhibit A•1 to this Agreement, <br />b. Nexus shall assist Sandpointe in oblaining/prepadng necessary construction bids, <br />documonts and permits. <br />C. Allowance will be paid by Nexus to Sandpointo for any appllcablo home upon <br />receipt of bona fide construction or material invoices. <br />d. Allowance shall expire 12 months following lho eornplotion of the conorote wall <br />EXHIBIT A <br />15 Qrdlnance No. W3.2680 <br />Page 46 of 61
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